Reconnaissance Energy (Africa) Ltd V.RECO

Alternate Symbol(s): RECAF

Reconnaissance Energy Africa Ltd. is a Canada-based oil and gas company. The Company is engaged in the opening of Kavango Sedimentary Basin in the Kalahari Desert of northeastern Namibia and northwestern Botswana. It holds 90% interest in a petroleum exploration license in northeast Namibia and a 100% interest in petroleum exploration rights in northwest Botswana over the entire Kavango Sedimentary Basin. The Company's exploration license covers an area of approximately 25,341.33 square kilometers (6.3 million acres) and 8,990 km2 (2.2 million acres) in Botswana. The two licenses together comprise 34,325 sq km (8.5 million acres). Its conventional drilling program is focused on analyzing the rocks to determine if there is a working petroleum system in the Kavango Basin.

TSXV:RECO - Post by User

Reconnaissance Energy (Africa) Ltd > Operational Update imminent

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Comment by Bpultraon Mar 31, 2021 10:47am

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Post# 32913682

RE:RE:RE:RE:Operational Update imminent

Chas15 wrote: Well there won't be oil in this first well...it's a strategic well and will determine where the next ones are drilled. The next couple are the ones you should be interested in. There has been no insider selling, that's the important thing. They are holding. They like what they see. Patience.

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yes I know this .. and know the process they are trying to achieve ...drilling holes does not make an oil well.... go look back at NIKO.... 18 dry holes .. just saying..... hype got this to $5... hoping is keeping it at $3 .. now they need to show the MM's somehting..

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